‘Hey, Look, It’s a Monkey!’ Ethereum’s Vitalik Buterin Pokes Fun at Ape NFTs, Expresses Optimism About the Merge

More seriously, Buterin believes this is an example of the double-edged sword of cryptography. “The problem with crypto space is that it has great incentives, but at the same time, it has incentives to go into very weird directions sometimes,” he said, noting the Ape NFTs.